Chatham Lodging Trust (NYSE:CLDT – Get Free Report) announced its quarterly earnings data on Tuesday. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.11 by $0.37, Zacks reports. Chatham Lodging Trust had a net margin of 3.14% and a return on equity of 1.18%. Chatham Lodging Trust updated its FY 2026 guidance to 1.280-1.340 EPS.
Chatham Lodging Trust Trading Up 0.4%
Shares of CLDT stock traded up $0.05 during trading hours on Tuesday, hitting $13.20. The company had a trading volume of 93,158 shares, compared to its average volume of 342,149. The company’s fifty day moving average is $12.71 and its 200 day moving average is $9.76. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.73 and a quick ratio of 0.73. Chatham Lodging Trust has a fifty-two week low of $6.08 and a fifty-two week high of $13.88. The stock has a market capitalization of $616.13 million, a PE ratio of 661.75 and a beta of 1.08.
Chatham Lodging Trust Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were issued a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 3.0%. The ex-dividend date was Tuesday, June 30th. Chatham Lodging Trust’s dividend payout ratio is currently 2,000.00%.
Institutional Trading of Chatham Lodging Trust
Wall Street Analyst Weigh In
Several equities analysts have weighed in on CLDT shares. BMO Capital Markets reiterated a “market perform” rating and issued a $12.00 target price on shares of Chatham Lodging Trust in a report on Friday, June 12th. Zacks Research upgraded shares of Chatham Lodging Trust from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 9th. Weiss Ratings raised shares of Chatham Lodging Trust from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, June 1st. Alliance Global Partners reiterated a “buy” rating on shares of Chatham Lodging Trust in a research report on Friday, May 8th. Finally, Stifel Nicolaus raised their target price on Chatham Lodging Trust from $13.00 to $14.00 and gave the stock a “buy” rating in a research note on Tuesday, July 14th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, Chatham Lodging Trust presently has a consensus rating of “Moderate Buy” and a consensus price target of $13.00.
View Our Latest Stock Report on CLDT
Chatham Lodging Trust Company Profile
Chatham Lodging Trust is a self-advised, publicly traded real estate investment trust (REIT) focused primarily on investing in upscale, extended-stay hotels and premium-branded, select-service hotels. The company owns 39 hotels totaling 5,915 rooms/suites in 16 states and the District of Columbia.
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